117.1. Trueinfo| Link| Bookmark|
November 24, 2022 3:52:56 AM
IPO Guru (1800+ Posts, 1700+ Likes)
Depends, how much is your full force. With limited funds, it's all lottery, Apply anyone. Ambo is better as there is chance for using that money in other IPOs also.
Would like to know if HNI subscription close at 100 times, how many lots of application will guarantee at least 1 lot. Considering the allotment is proportional in SME IPO.
117.3. Trueinfo| Link| Bookmark|
November 24, 2022 7:33:04 AM
IPO Guru (1800+ Posts, 1700+ Likes)
@BBhanu, HNI subscription most probably will be in the range of 300× . Confirm allotment you can presume when number of lots applied are close to the subscription figure.
I really appreciate for responding to my queries. Considering 300+, what is the better choice. Apply 1 lot in retail or 30 lots under HNI. I only have 1 account.
117.5. Imhilli| Link| Bookmark|
November 24, 2022 9:21:29 AM
IPO Guru (1200+ Posts, 700+ Likes)
If you have money for 30 lots allocated only for IPO, better to go with FF here. In case of non allotment you will get your money back by 30th 2Pm and apply in the forthcoming IPOs. Though clearing of lien cannot be guaranteed, chance of the same is very low.
117.6. Imhilli| Link| Bookmark|
November 24, 2022 9:26:09 AM
IPO Guru (1200+ Posts, 700+ Likes)
Please read it as "chance non clearance of lien amount and the amount remaining blocked is low".
Yes It automatically sweep money from MOD. But, please check it in case of non allotment the funds should move back to MOD via sweep. In my case it didn't happen.
116.2. ADP| Link| Bookmark|
November 24, 2022 8:43:45 AM
Top Contributor (400+ Posts, 100+ Likes)
MOD is Breck. Loss Mod penalty
116.3. Imhilli| Link| Bookmark|
November 24, 2022 9:17:09 AM
IPO Guru (1200+ Posts, 700+ Likes)
SBI MOD is not helpful in applying IPO. I found ICICI money multiplier scheme under FD is good. It doesn't break during IPO application and non allotment. Don't have much idea whether any other bank provides similar facility.
Hi Experts.. I have 30 lakhs and please advice better to go with option should i go.. 1. 2HNI (15 LOTS EACH) 2. 14 HNI(2 LOTS EACH) 3. 2 HNI(9 LOTS EACH) + 10 Retai( 1 lot)
Which will have better probability as this is heavily subscribed.. Please advice if there is better way.
Same kind of question but different amount and different number of account. Rs.70 lac and 6 accounts. Plz guide for best allotment chances.
109.7. Nitinoswal| Link| Bookmark|
November 23, 2022 11:17:04 PM
Top Contributor (400+ Posts, 200+ Likes)
13 retail 1 ac 15 lot
109.8. Trueinfo| Link| Bookmark|
November 24, 2022 3:57:46 AM
IPO Guru (1800+ Posts, 1700+ Likes)
@Tejas pandya, If you can manage 2 lacs more, it will make 60 lots and apply 10 lots in each of the six. Otherwise, my suggestion is, go for 10 lots each in 5 demats and rest in sixth.
In SME it is still proportionate. Two things- 1. On SEBI site there is a document that explains the allotment procedure. 2. Analyse past SME's Basis of Allotment available on CG site. All your doubts will be cleared.